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Auto Makers and Taxi aggregators are betting on E- Taxis

26th, July 2017 - News

Auto Makers and Taxi aggregators are betting on E- Taxis

Operational expenses of an electric car are one-fourth that of diesel and petrol vehicles.

Electric vehicles have created a buzz in the industry that is drawing up ambitious plans without waiting for a formal policy and incentives from the government, which wants batteries to replace liquid fuels as the predominant source of automotive power by 2030.

For Kerala, the consortium has offered a plan to retrofit registered three-wheelers with battery-operated systems at a nominal cost of Rs 100 per day or easy instalments of Rs 3,000 a month to recover the conversion cost of Rs 40,000 - 50,000, industry and government sources said. The exercise is cost-effective, quick and involves no regulatory hurdles, they said.

Cities give a limited number of licences for public transport. This fleet is being targeted by companies for better business opportunities and for easy conversion to electric power, a government official said. Officials said Niti Aayog is drafting a policy to accelerate the adoption of e-vehicles for public transport, followed by personal vehicles as the country moves toward electric transportation by 2030.